document.write( "Question 164192: Please help me with this problem. I do not know how to set it up.\r
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document.write( "How can $5,400 be invested, part of it at 8% and the rest of it invested at 10%, so that the two investments will produce the same amount of interest? \n" );
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Algebra.Com's Answer #120980 by alicealc(293)![]() ![]() ![]() You can put this solution on YOUR website! Let: \n" ); document.write( "first investment = x \n" ); document.write( "second investment = 5400 - x\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the two investments has the same amount of interest, so: \n" ); document.write( " \n" ); document.write( "<=> 0.08x = 0.1*(5400 - x) \n" ); document.write( "<=> 0.08x = 540 - 0.1x \n" ); document.write( "<=> 0.08x + 0.1x = 540 \n" ); document.write( "<=> 0.18x = 540 \n" ); document.write( "<=> x = 540/0.18 \n" ); document.write( "<=> x = 3000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "first investment = 3000 \n" ); document.write( "second investment = 5400 - 3000 = 2400\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "so you should invest $3,000 at 8% and $2,400 at 10%\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |